[Edaily Reporter Park Soon-yeop] Shin Young Securities is showing strength in early trading on news that it is pushing ahead with a large-scale treasury stock buyback worth nearly 1 trillion won.
According to MP Doctor on the 5th, #Shinyoung Securities is trading at 212,500 won as of 9:04 a.m. today, up 24,100 won (12.79%) from the previous trading day.

The stock’s strength is interpreted as reflecting expectations for the large-scale treasury stock cancellation. Shin Young Securities announced yesterday in a notice convening a shareholders’ meeting that it would propose a resolution to cancel 5,262,283 shares of treasury stock within the timeframe stipulated by the Commercial Act.
The shares to be canceled represent 32.01% of Shin Young Securities’ total issued shares and 62.48% of its total treasury stock. Based on the recent market price, this amounts to approximately 940 billion won. The cancellation of treasury stock is viewed as a factor that increases per-share value and expectations for shareholder returns by reducing the number of shares in circulation.
The remaining 3,160,471 treasury shares, excluding the quantity scheduled for cancellation, will be retained or disposed of in installments to enhance shareholder value, provide shareholder returns, and serve as performance-based compensation for executives and employees. Shin Young Securities plans to utilize the remaining treasury shares to align the interests of shareholders, employees, and the company, thereby creating a virtuous cycle for enhancing corporate value.
Shin Young Securities has long attracted market attention as a company with a high proportion of treasury stock. The treasury shares subject to this cancellation consist of existing preferred shares acquired by Shin Young Securities in April 2024 during the process of converting preferred shares into common shares on a 1:1 basis to protect the rights of preferred shareholders.
A Shin Young Securities official stated, “The intention is to cancel a significant portion of our held treasury shares within the statutory deadline and to establish and implement proactive shareholder return measures for the remaining shares that go beyond employee compensation.” The official added, “By submitting this as an agenda item for the shareholders’ meeting more than a year ahead of the September 2027 deadline for fulfilling our legal obligations, we have demonstrated our commitment to enhancing shareholder value.”
The company is also pursuing an expansion of cash dividends. Shin Young Securities recently announced that it has set the dividend per share at 7,500 won. The company noted that the total dividend amount has increased by approximately 20 billion won compared to the previous year, expanding the scale of shareholder returns, and projected that shareholders will be able to benefit from separate taxation on dividends as the company meets the criteria for high-dividend companies.